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Standard Lithium files positive PEA and nears final investment decision for major US lithium projects.

Company Fundamentals
12 Nov 2026, 23:30 WIB
GlobeNewsWire
View Source
Bullish
Standard Lithium files positive PEA and nears final investment decision for major US lithium projects.

Standard Lithium announced a positive Preliminary Economic Assessment (PEA) for its Franklin Project in East Texas, highlighting its potential to produce up to 70,000 tonnes of battery-quality lithium carbonate annually with strong financial metrics. The company secured binding offtake agreements totaling 20,000 tonnes per year for 10 years with LG Energy Solution and Trafigura, supporting project financing efforts. With key project milestones achieved, including environmental approvals and vendor contracts, Standard Lithium aims to finalize financing and take a final investment decision by Q1 2027, moving swiftly into construction. This progress underscores the company's role in developing a scalable domestic lithium supply chain in the US.

Standard Lithium's shares are trading near their 52-week low at USD 1.39, down 5.14% as of Nov 13, 2026 04:22 WIB on Pluang, contrasting sharply with their 52-week high of USD 5.65. Despite the recent positive developments and binding offtake agreements, the stock remains well below its peak, reflecting ongoing market caution. The typical hold time for SLI on Pluang is 29 days, indicating moderate investor interest in this Basic Materials sector stock.

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